Updated throughout the day.
Updated at 1.11 PM EST: Bank of America (NYSE:BAC) will sell First Republic for $1 billion. (The Deal)
Updated 1.05 PM EST: Google (NASDAQ:GOOG) may be teaming up with record labels to launch a music service (Reuters)
Updated 1.00 PM EST: Credit Suisse says Orbitz (NYSE:OWW) may be a takeover target (Barron’s)
Bank of America (NYSE:BAC) knew about Merrill Lynch losses as early as November. (Bloomberg)
The new Barnes & Noble (NYSE:BKS) e-reader will run the Google (NASDAQ:GOOG) Android OS (Ars Technica).
Apple (NASDAQ:AAPL) will soon release Mac OS X 10.6.2 (MacRumors)
Congressional officials want to talk to three banking officials in Massachusetts before continuing to pursue their investigation of the Bank of America (NYSE:BAC) buy-out of Merrill Lynch (The Boston Globe)
Small online financial sites may soon be more valuable than Fortune Magazine (NYSE:TWX) (The Deal)
The housing market may have bottomed (CNBC)
Douglas A. McIntyre